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11. Company A is deciding among two mutually exclusive projects. The two projects have the following cash flows. The initial costs for Projects A and

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11. Company A is deciding among two mutually exclusive projects. The two projects have the following cash flows. The initial costs for Projects A and B are $40,000 and $30,000, respectively. Project A Project B Year Cash Flow Cash Flow 1 10,000 8,000 2 15,000 12,000 3 20,000 20,000 4 20,000 15,000 The company's weighted average cost of capital is 10 percent. What is the net present value (NPV) of the project with the highest internal rate of return (IRR)? A. $ 7,090 B. $ 8,360 C. $12,462 D. $11,450 E. $14,200

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